Nvidia stock has surged 750% due to AI demand, but Taiwan Semiconductor is a solid alternative.

From Nasdaq: 2024-09-07 06:45:00

Nvidia (NASDAQ: NVDA) has seen a remarkable 750% rise in its stock over the past two years, driven by the demand for its GPUs in AI training. However, Taiwan Semiconductor (NYSE: TSM) is a reliable alternative with crucial manufacturing capabilities for Nvidia’s chips, ensuring quality and innovation in the long term.

Apple (NASDAQ: AAPL) has taken a cautious approach to AI, branding its technology as “Apple Intelligence” with a focus on quality and user experience. With a history of market disruption and disciplined execution, Apple remains a solid long-term investment, offering stability and innovation in an ever-changing tech landscape.



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